As expected, and in contradiction to the title of this thread, shorts are actually closing out while the share price is is at record 2-year lows, with the most recent SP hammering ostensibly brought on by the company share Placement and SPP announced 18 August 2023, which IMO, defied logic!
I suspect this was the method in the madness in consideration of the SPP terms, which effectively funds the recent CAR-T IP acquisition without impacting the various trial programs funding, enabling shareholder participation on seemingly favourable terms, while affording the shorts an opportunity to close out at 2-year share price lows. Will this be the turning point in the tide?
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Shorters Building Up, page-62
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Last
5.5¢ |
Change
-0.001(0.91%) |
Mkt cap ! $404.2M |
Open | High | Low | Value | Volume |
5.5¢ | 5.6¢ | 5.4¢ | $221.9K | 4.036M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
41 | 3634901 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 590314 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
41 | 3634901 | 0.054 |
23 | 3572945 | 0.053 |
22 | 1960371 | 0.052 |
19 | 1503914 | 0.051 |
66 | 4425129 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 531355 | 14 |
0.056 | 1237530 | 13 |
0.057 | 1432133 | 11 |
0.058 | 377086 | 7 |
0.059 | 537173 | 6 |
Last trade - 11.26am 29/07/2024 (20 minute delay) ? |
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